Pension transfers increased to a record £10.6bn in the first quarter of this year, Office for National Statistics data reveals.
The statistics agency's latest MQ5data on investment by insurance companies, pension funds and trusts - released today - reveals that pension transfers rose from £10.3bn in the last three months of 2017...
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
Jump from 554 in 2019
The Plumbing and Mechanical Services (UK) Industry Pension Scheme was 99% funded on a low-dependency basis, a valuation conducted amid economic turmoil has confirmed.
Professional Pensions rounds up some of the latest tender awards from across the industry.